Own-account workers, total (% of total employment) in Venezuela
Venezuela: Own-account workers, total (% of total employment) was 27.8% in 2016. ▬ Flat
Latest (2016)
27.8%
Change on year
up 3.9%
World rank
80th
of 187 countries
All-time high
28.5%
in 2003
All-time low
25.9%
in 2014
Years of data
26
1991–2016
Own-account workers, total in Venezuela, 1991–2016
Source: World Bank. Measured in % of total employment.
Analysis
The most recent figure for own-account workers, total in Venezuela is 27.8%, measured in 2016.
That represents a change of up 3.9% on the previous year and down 0.4% over ten years.
Over the whole period, own-account workers, total in Venezuela peaked at 28.5% in 2003 and was at its lowest, 25.9%, in 2014.
That places Venezuela 80th out of 187 countries with data for 2016, putting it in the middle of the range.
Own-account workers, total (% of total employment) in Venezuela, year by year
| Year | % of total employment | Change |
|---|---|---|
| 1991 | 27.9% | — |
| 1992 | 27.7% | -0.9% |
| 1993 | 27.5% | -0.7% |
| 1994 | 26.9% | -2.2% |
| 1995 | 26.5% | -1.6% |
| 1996 | 27.6% | +4.1% |
| 1997 | 27.5% | -0.3% |
| 1998 | 26.8% | -2.5% |
| 1999 | 27.3% | +1.9% |
| 2000 | 27.7% | +1.3% |
| 2001 | 27.2% | -1.7% |
| 2002 | 28.1% | +3.3% |
| 2003 | 28.5% | +1.3% |
| 2004 | 28.1% | -1.3% |
| 2005 | 28.2% | +0.4% |
| 2006 | 27.9% | -1.0% |
| 2007 | 27.4% | -1.8% |
| 2008 | 27.4% | -0.2% |
| 2009 | 26.2% | -4.2% |
| 2010 | 27.3% | +4.0% |
| 2011 | 27.2% | -0.1% |
| 2012 | 26.7% | -1.9% |
| 2013 | 26.7% | +0.0% |
| 2014 | 25.9% | -3.1% |
| 2015 | 26.8% | +3.4% |
| 2016 | 27.8% | +3.9% |
Venezuela compared with similar countries
- Venezuela's 27.8% is below the median for lower middle income countries, which is 37.4%, 74% of the median. (46 countries reporting)
- Venezuela's 27.8% is above the median for Latin America & Caribbean, which is 25.8%, 1.1× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.3% | 26.5% | 27.9% | 9 |
| 2000s | 27.7% | 26.2% | 28.5% | 10 |
| 2010s | 26.9% | 25.9% | 27.8% | 7 |
Countries ranked near Venezuela
- 77 Sudan 28.4% compare
- 78 Saint Lucia 28.0% compare
- 79 North Korea 28.0% compare
- 81 Panama 27.4% compare
- 82 Kyrgyzstan 27.4% compare
- 83 Equatorial Guinea 27.3% compare
More work & labour data for Venezuela
- Persons outside the labour force (ILO modelled estimates) 10,601 (2027)
- Labour force participation rate (ILO modelled estimates) 51.65 (2027)
- Labour force (ILO modelled estimates) 11,326 (2027)
- Unemployment rate (ILO modelled estimates) 5.73 (2027)
- Labour dependency ratio 1.69 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,625 (2027)
- Output per worker, GDP constant 2015 US $ 10,899 (2027)
- Employment-to-population ratio (ILO modelled estimates) 48.69 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.43 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.9762 % change on previous year (2027)
Frequently asked questions
- What is own-account workers, total in Venezuela?
- Own-account workers, total in Venezuela was 27.8% in 2016, according to the World Bank.
- What is the highest own-account workers, total recorded in Venezuela?
- The highest recorded value was 28.5% in 2003.
- What is the lowest own-account workers, total recorded in Venezuela?
- The lowest recorded value was 25.9% in 2014.
- How does Venezuela rank for own-account workers, total?
- Venezuela ranks 80th out of 187 countries with data for 2016.
- Is own-account workers, total rising or falling in Venezuela?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is flat.
- Where does this Venezuela data come from?
- The figures come from the World Bank, published as part of Own-account workers, total (% of total employment). Statizoid updates them automatically from the source API.
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